Question: ( Nonannual compounding using a calculator ) Dennis Rodman has a $ 4 , 5 0 0 debt balance on his Visa card that charges
Nonannual compounding using a calculator Dennis Rodman has a $ debt balance on his Visa card that
charges an APR of percent compounded monthly. Dennis's current minimum monthly payment is percent of
his debt balance, $ How many months round up will it take Dennis to pay off his credit card if he pays the
current miminum payment of $ at the end of each month?
How many months will it take Dennis to pay off his credit card?
months Round up to the nearest unit.
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